ClearKey

With a majority of transactions now happening online, the need to provide customers with a frictionless online experience that’s also highly secure has become critical for today’s businesses.

Still, most companies continue to rely heavily on usernames and passwords as their only means for customer authentication. This creates a significant problem. Not only are passwords difficult for customers to recall and manage, but fraudsters frequently steal and resell them on the black market. Security researchers recently uncovered a cache of 1.4 billion compromised credentials on the dark web, helping to fuel the increase in account takeover (ATO) attacks in recent years.